Nike-BeckhamJr-052417.jpg Sports apparel retailer Nike Inc. (NKE) has officially retained New York Giants wide receiver Odell Beckham Jr. with a five-year deal that is worth over $29 million, according to nicekicks.com. Nike and Adidas were both fighting to sign an endorsement deal with the player, with Beckham's original...

RobertMuller-052417.jpg Deputy Attorney General Rod Rosenstein's decision to appoint a special prosecutor to investigate Russian meddling in last year's presidential election has strong support among voters, according to a Morning Consult/Politico poll.

wallstreet1-121214_24May17.jpg Stocks continue to see modest strength in mid-day trading on Wednesday, although buying interest has remained somewhat subdued. With the gains on the day, the major averages are moving higher for the fifth consecutive session.

Apple-FBI-052417.jpg Apple recorded a surge in government requests for data relating to national security in the second half of 2016, according to a report released by the iPhone maker. Apple released its biannual transparency report on Tuesday. The company declared that it received between 5,750 and 5,999 national security...

lululemon-052417.jpg Athletic apparel retailer Lululemon Athletica Inc.'s website suffered an outage on Monday and Tuesday due to power failure and other problems at a server farm. The site is now back online after being down for less than 24 hours, according to a report in Bloomberg citing an unidentified person. The...

wallstreet3-121214_24May17.jpg Extending the upward trend seen in recent sessions, stocks are seeing modest strength in morning trading on Wednesday. The major averages are moving higher for the fifth consecutive session, offsetting the sell-off seen a week ago.

US-FCA-052417.jpg The U.S. government filed a civil lawsuit on Tuesday against Fiat Chrysler Automobiles, accusing the automaker of installing software in more than 100,000 diesel vehicles to cheat emission controls. The lawsuit alleges that Fiat Chrysler equipped nearly 104,000 light duty diesel vehicles containing 3.0 liter EcoDiesel engines with software functions that were not disclosed to regulators.

existinghome-052417.jpg Existing home sales in the U.S. pulled back by more than anticipated in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales fell by 2.3 percent to an annual rate of 5.57 million in April.

Flynn-052417.jpg Leaders of the Senate Intelligence Committee are taking new actions against Michael Flynn after the former National Security Adviser refused to turn over documents related to his communications with Russian officials.

PopeFrancis-Trump-052417.jpg Pope Francis hosted U.S. President Donald Trump for a private audience at the Vatican, Wednesday. Trump described the meeting with the head of the Catholic church as "great" and "fantastic." The two leaders uphold contrasting styles and differing views. The President, accompanied by his wife Melania,...

Stephen-FFC-Trump-052417.jpg The Federal Communications Commission or FCC will not take any action against CBS Corp.'s "Late Show with Stephen Colbert" despite receiving thousands of complaints about the talk show comedian's controversial joke about President Donald Trump.

ECB-052417.jpg Eurozone financial market stress remained contained in the past six months, though the risk of further bond market repricing remains and the risk of a return of concerns over debt sustainability has risen, the European Central Bank said in a report released on Wednesday. Further, the ECB warned that excessive exuberance in regional house prices warranted close monitoring.

wallstreet-112814_24May17.jpg After closing higher for four straight sessions, stocks could see some further upside in early trading on Wednesday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 12 points.

PayPal-Sues-Pandora-052417.jpg Payments giant PayPal filed a lawsuit against music streaming company Pandora Media over alleged similarities in both companies' logos. The trademark infringement lawsuit was filed last week in U.S. District Court for the Southern District of New York, seeking legal costs and unspecified damages. PayPal also called for Pandora to cease use of its current blue "P" logo.

WallST-052417.jpg The market is keenly awaiting the FOMC minutes that might provide some insights of a rate hike in June. The mortgage application data and house price index are the other important data to be published today. Moody's downgrading of China is closed watched by the market. Initial trading in the U.S. Future market suggest that Wall Street will open broadly lower at the opening. Asian shares closed hig

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